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A 3-year college degree?

From NBC's Bobby CervantesAs colleges across the nation face difficult decisions about budget and faculty cuts, the latest issue of Newsweek explores the not-so-new idea of a three-year college degree.

Sen. Lamar Alexander (R-TN), an education secretary under President George H. W. Bush and former president of the University of Tennessee, highlights Hartwick College, a small liberal arts school in upstate New York.